On April 17, 2014, the new Milton-Madison Bridge reopened permanently but additional work is being completed. The next tasks include:

Completion of the pier caps

Removal of temporary piers

Stone placement around river piers to prevent soil erosion

Touch-up painting

how much will the project cost?

Original construction estimates put the cost of replacing the Milton-Madison Bridge at approximately $131 million. The low bid submitted by Walsh Construction Company was for $103 million, 20 percent below the original estimate.

In February 2010, the project was awarded $20 million in funding under the American Reinvestment and Recovery Act. Indiana and Kentucky have identified state and federal funding for the remaining cost of the project, which will be evenly split by both states. Construction is projected to create or preserve 1,400 jobs.